carltonzone

LOOM Nearing My Strike Zone - Time to Re-Play it?

Long
HEY GANG,

I'm back! It's been a busy month. I'm going to try to keep you posted on some projects that I'm watching, and LOOM is back on the hot seat. I previously played this one, took a small profit, and missed the last run. But as we now see, it's continuing the correction. I've got my strike zone ready, as you see in the green box. I love this project, and I have zero doubts that it will run. But when? That's the big question. I'm going to take my time on this and wait to see if it drops down into my strike zone, which it looks like it will. I don't want to miss out on the next run, but I'm sticking to my rule of not FOMO-ing in on any project, especially after I got to ride the DNT pump for a nice 9X gain.

The big question is, will the alts have one more big correction before the end of the month? This is really hard to call, because it all depends on the action surrounding Bitcoin. If BTC pumps to 20k, we should expect a sizable correction across the board with the alts. If BTC takes a break and finally corrects, it could drag the alts down with it. But if BTC calms down for a side-banding consolidation, I think the alts are going to run. Nobody knows, and I certainly don't have a crystal ball to call this one. All I can do is play it safe, and try to catch the right point to maximize the gains when the run hits.

I'll keep you posted on what I'm playing, and get my ideas put up on the board. What are your thoughts on LOOM? I'd love to hear your opinion. Overall, patience is the name of the game here. In the long run, it's pretty safe to say that we'll be looking good for an overall chance to cash out on the big run! Let's hope for the best, and good luck!

Carlton Flowers
The CryptoPro

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